THE NATAN FOUNDATION 5th April 2021 Reglstered Charlty Number. 1115573
| Legal and administrative details |
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| Status: | ||||||||||||||
| The charity was established by a Trust Deed dated 18July 2006 and |
is registered with |
the Charity | Commission | (Number 1115573). | ||||||||||
| Principal address | ||||||||||||||
| 9Bancroft Avenue | ||||||||||||||
| London N2 OAR |
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| Trustees | ||||||||||||||
| BJ Markeson | ||||||||||||||
| N A Steinberg | ||||||||||||||
| The initial trustees were appointed under the Trust Deed. All subsequent appointments |
are made | by the | trustees. | |||||||||||
| Professional advisors |
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| Solicitors | Bankers: | |||||||||||||
| Radcliffe Le Brasseur | Royal Bank ofScotland | |||||||||||||
| 85 Fleet Street | 49 Charing Cross Road | |||||||||||||
| London | London | |||||||||||||
| EC4Y 1A | SW1A 2DX | |||||||||||||
| Charity objectives: | ||||||||||||||
| For the Trustees to apply the income of | the Foundation for general charitable purposes. |
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| Organlsational structure |
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| The trustees administer the foundation. |
The trustees meet at least twice a year |
and a chairman | is | appointed | by the trustees | to | ||||||||
| manage the day to day operations ofthe |
foundation. | |||||||||||||
| Risk management | ||||||||||||||
| The trustees have a duty to identify and |
review the risks to which the | charity is | exposed | and to ensure appropriate | controls | are | ||||||||
| in place to provide reasonable assurance against fraud and error. The trustees |
have assessed the major risks to | which the | ||||||||||||
| charity is exposed, and are satisfied that systems are in place to mitigate exposure to those risks. | ||||||||||||||
| Activities and review | ||||||||||||||
| The Charity received donations off84,735during the year. The level |
ofincome and the period-end financial |
position | were | as expected' | ||||||||||
| by the Trustees. | ||||||||||||||
| Grants and Donations ofE79,627were | paid during the year .All grants and Donations | are directly | approved | by the Trustees. | ||||||||||
| The Foundation retains such reserves as the Trustees consider necessary to fund its ongoing |
charitable | activities, | having regard |
to | ||||||||||
| the levels of donations received. |
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| Trustees' responsibilities | ||||||||||||||
| The trustees are responsible for preparing the Report ofthe Trustees |
and the financial | statements | in accordance | with | applicable | law | ||||||||
| and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting |
Practice). | |||||||||||||
| The law applicable to charities in England and Wales, the Charities |
Act 2011,Charity (Accounts and Reports) Regulations 2008 |
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| and the provisions ofthe trust deed, requires the trustees to prepare |
financial statements for each |
financial year | which | give a true | ||||||||||
| and fair view ofthe state ofaffairs ofthe | charity and of its incoming | resources | and application | ofresources, | including | income and | ||||||||
| expenditure, ofthe charity for that period. In preparing those financial |
statements, the |
trustees are required | to | |||||||||||
| -select suitable accounting policies and |
apply them consistently; | |||||||||||||
| - observe the methods and principles of |
the Charity SORP; | |||||||||||||
| -make judgements and estimates that are reasonable and prudent; |
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| -prepare the financial statements on the |
going concern basis unless | it is inappropriate | to presume | that the | ||||||||||
| charity will continue its operations. |
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| The trustees are responsible for keeping |
proper accounting records |
which disclose with reasonable accuracy at |
any time the financial | |||||||||||
| position of the charity and enable them to ensure that the financial statements | comply with the | Charities | Act | 2011,the | Charity | |||||||||
| (Accounts and Reports) Regulations 2008 and the provisions ofthe |
trust deed. | They are also responsible for safeguarding |
the assets | |||||||||||
| ofthe charity and hence for taking reasonable steps for the prevention |
and detection offraud and other irregularities, |
| 2021 | 2020 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| Notes | Funds | Funds | |
| Incoming resources | |||
| Donations | 84,735 | 15,000 | |
| Total incoming resources |
84,735 | 15,000 | |
| Resources expended | |||
| Grants and donations | 79,627 | 8,950 | |
| Administration expenses |
6 | 60 | |
| Total resources expended | (79,633) | (9,010) | |
| Net (deficit)/income for the period |
5,102 | 5,990 | |
| Funds brought forward | 9,625 | 3,635 | |
| Funds at 5th April 2021 | 14,727 | 9,625 |
| Notes | 2021f | 2020 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash at bank | and | in hand | 14,727 | 9,625 | |
| Net Assets | .14,727 | 9,625 | |||
| Funds | |||||
| Unrestricted | funds | 14,727 | 9,625 | ||
| Total funds | 14,727 | 9,625 |
| Grants and Donations | 2021 | 2020 | ||
|---|---|---|---|---|
| Unrestricted | Vnrestricted | |||
| funds | funds | |||
| F | ||||
| Cameri Theatre | 2,000 | |||
| Leket | 24,000 | |||
| Tenufa Bakeihila | 16,000 | |||
| Ecoocean- Megalim | Centre | 22,400 | ||
| Others ( under f2000) | 2,827 | 6,950 | ||
| Matan -Investing | in | the community | 14,400 | |
| 79,627 | 8,950 |